"WASHINGTON (Reuters) - President-elect Barack Obama's plan to extend health care to uninsured Americans will provide a boon to hospitals, along with medical centers and hospital equipment makers, according to Moody's Investors Service.

"Moody's estimates that the annual cost of the plan could be on the order of $100 billion to $200 billion, inclusive of participant contributions, on top of current annual government spending of about $800 billion," the rating agency said in a report this week.

"The expected spending could positively affect the top-line growth of many health care providers," the rating agency added, noting that the agenda of Obama's Democratic party includes increasing research funding and providing $10 billion over five years to health care providers to build up electronic-information systems.

The agency added that for-profit and non-profit hospitals alike could benefit from the plan, which was a cornerstone of Obama's campaign. He was elected president on Tuesday and will be sworn in in January.

The plan will raise some revenue by taxing larger employers that do not offer health coverage, Moody's said.

Because the plan would increase the number of insured patients and the amount of reimbursements for care, hospitals could benefit directly and indirectly, Moody's also said.

"The improvement would be direct, through reimbursements, as well as indirect, if more people seek primary-care treatment in a more-appropriate setting such as a physician's office or a clinic, for example, rather than in an emergency room," Moody's said. "This would free capacity and reduce pressure at hospital (emergency rooms), many of which are operating well-above capacity."

So, raising taxes on employers in a recession is seen as a good thing by these people. For a historical refernce, go check out what happened int he early 1930" when then President Herbert Hoover raised income taxes and corporate taxes after the crash of 1929. A little thing called the Great Depression followed and we had to go through WWII to get past it.

Get used to the outright shilling and campaigning folks. As Chrissy Matthews said, they (the MSM) see their job as assisting Obama to succeed.

The Flying Camel

Arebel's Diary

BabbaZed Vinyl Cultessa 2012

BabbaZee Repenthouse Pet 1982

Should GOD reward you on your terms then, when you refuse to repent? You must decide, not I... So, tell me what you know... ~ Job 34:33

"You surrender in your own name. Leave me out of it. "

Obey & Endure

No matter how many times I explain to people that I understand that they feel lost and helpless and betrayed by their leaders in the face of the Jihad, that I understand deeply that these are the only people that you perceive to be "standing up to jihad" - no matter how much irrefutable information I give you that many of these so called anti jihadists are just as bad as the jihad itself - You will turn the blind eye out of expedience, out of fear, out of laziness, out of shallowness of moral character, out of stupidity, out of tribal affiliation, out of complacency, out of ignorance, out of vanity, out of hatred.... take your pick. In any event you will chose to stay blind. Let those who have eyes, see:

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If a man also lie with mankind, as he lieth with a woman, both of them have committed an abomination: they shall surely be put to death; their blood shall be upon them.

~ Leviticus 20:13

Next time someone tries to shove some Homo Stultus dogma down your throat it would please me very much if you would use the following links to express your disinterest in their Darwingelical Dawkins Da'Wa....